AutoPilot allows you to monitor your ads and automate the bids continuously to decrease your ad spend and also increase your sales. Using automation, AutoPilot can make sure that you don't over spend on ads more than required and also keep your sales flowing
You can enable AutoPilot by clicking on auto pilot button for a
campaign.
Autopilot is by default switched OFF for all campaigns and you
have to switch each on individually.
This ensures that before you switch on AutoPilot, you check the
default parameters and if you are satisfied, switch it on and save
the AutoPilot settings.
"Switch On" enables auto pilot for the selected campaign.
The rest of this document focuses on each setting and how you
can further tweak it for your individual campaigns.
This is a critical part of the AutoPilot setting. The goal of
the Auto Pilot is to either reach this ACOS or remain below
this ACOS depending on the strategy of the
AutoPilot chosen.
The AutoBids are gradually tweaked to reach the targeted ACOS
and because it occurs over several days as well the fact that
bids for a particular product or keyword changes rapidly over
days, the ACOS target is a rough estimate of what the
AutoPilot will reach once active.
The ACOS for a target is by default sales vs costs calculated
over the course of 7 days. This provides a smooth tweaking to
AutoBid. However you can choose to calculate the ACOS for a
different duration.
The lower the duration, the higher the probability that bids
will rapidly change every day and lower the chances of hitting
the ACOS target.
Choosing higher duration means smoother tweaking of the bids
for the auto pilot and higher chances of hitting the ACOS
target.
Usually lower duration results in higher sales with higher ad
costs while higher duration results in predictable ad costs
with slightly lower sales.
4
AutoPilot won't run on a target if this minimum spending
threshold is not reached. This prevents autopilot from
premature optimizing of targets.
The default minimum spend is $1 (or equivalent in your
currency: 1 EUR, 1 INR,1 CAD) and you can increase it to let
the auto pilot only optimize higher spent targets.
5
Set the maximum allowed bid by the AutoPilot. Set the maximum
autobid to lower value if you would like to restrict
experimenting with higher target.
Setting it to higher values will result in more sales at the
cost of higher ACOS initially.
Setting it to high values will result is higher ad spend
during the initial optimization time. A lower value does not
give the autopilot much freedom to experiment with new
keywords and higher bids to test ACOS.
The default Maximum AutoBid value is $3 (or equivalent in your
currency: 3 EUR, 3 INR, 3 CAD) and you can increase it or
decrease to let the auto pilot bid up/down to a different
target.
6
You can automatically add two kind of keywords to your
campaign continuously every 24 hours: Customer search terms
and Amazon suggested keywords.
The default suggested is "3 customer queries that resulted in
most sales" and "2 amazon suggested keywords".
Customer queries are keywords that do not exist in your
campaign. In order to increase the efficiency of this setting
make sure to optimize your inventory details and search
keywords in the Amazon backend.
7
These are "top performing" customer search queries. The metric for determining the "top performance" is in the option below.
These are top keywords recommended by Amazon. It is recommended to focus more on customer queries rather than Amazon recommendations as amazon recommendations are usually more expensive to bid on.
Since new keywords have unknown ACOS, adding new keywords
presents an risk in spending too much on ads and overshooting
the target ACOS in the short term.
The bid aggression lets you choose the 'aggression' in
choosing the percentage of bid value from the suggested value.
For example if the suggested bid is $2 and bid aggression is
50% then the default bid of the keyword would be $1.
Similarly if the suggested bid is $1 and the bid aggression is
30%, then the default bid would be $0.30.
Optimal values are between 30-50%. Higher values allows you to
experiment with more keywords and get high performing keywords
quickly but also risk spending excessively
The AutoPilot runs anywhere between 1-4 times a day depending on the current state of your ads. If your ads are currently severely under optimized, the AutoPilot runs more often to quickly reduce the ad costs
Yes you can. Although we recommend you to create new campaigns with low budget initially
Amazon allows you to boost bids on campaigns and in "placements" in ad groups. However this boost is for the constant and it's hard to not only know how much to set but also when to set/change it. Using "Automated Day Parting" the AutoPilot predicts the best time shoppers will buy your product and boost the bids only during peak time and peak days. Different products have different peak times and peak days. "Automated Day Parting" can predict the best time and day and boost the bids during these peak times while also decreasing the boot during off-peak time
The timeline depends on the strategy requested and the
"Average Acos" calculation method. For decreasing ad costs
only, you should be able to see your costs reducing within
24 hours and will take around 5-7 days to stabilize.
For increasing sales, it will take a around 7 days for
noticeable results.
Increasing the "Average Acos" calculation days will
increase the timeline while decreasing the "Average Acos"
days will decrease the timeline
Currently AutoPilot can handle Auto and Manual campaigns
for sponsored products only.
AutoPilot has two components
1) The bid : This is continuously increased/decreased
depending on the target ACOS by a series of small steps
using the parameters in the AutoPilot settings.
2) Bid boost: Bid Boost allows Amazon to bid higher than
specified bid if a customer is likely to convert. The
value of bid boost is dynamically calculated by the AI and
increased during peak hours while decreased during
off-peak hour
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